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Area Development - Site Selection, Facility Planning and Workforce Development

Global Vessel & Tank Expands Iberia Parish, Louisiana, Production Operations

11/27/2025
Global Vessel & Tank, a supplier of equipment for the oil and gas industry, plans to expand its operations in Iberia Parish, Louisiana. The $5.4 million project is expected to create 50 jobs.

The investment will include an additional 30,000 square feet of manufacturing and office space at the company’s existing facility which will increase capacity to produce oilfield processing equipment used throughout the Gulf South.

“We had the need for increased capacity because of customer demand,” Global Vessel & Tank CEO Nathan Pool said. “The expansion will allow us to meet our customers’ demands and expand our current footprint in Louisiana. This will create more jobs for our company and Louisiana.”

To support the project the state of Louisiana offered Global Vessel & Tank an incentives package that includes the comprehensive workforce development solutions of LED FastStart . The company is also expected to participate in Louisiana’s Quality Jobs and Industrial Tax Exemption programs.

“Global Vessel & Tank’s expansion shows how Louisiana manufacturers continue to meet industry demand while creating new opportunities for local workers,” Louisiana Economic Development (LED) Secretary Susan B. Bourgeois noted. “The company’s growth in Iberia Parish highlights the important role of energy manufacturing in driving regional investment and job creation.”

Global Vessel & Tank, LLCa manufacturer of oil and gas surface production equipment, including custom-built pressure vessels and API 12-F storage tanks. The company also produces separation vessels, custom skid packages, and emission control products like flare booms.

“This investment by Global Vessel & Tank is another strong example of the momentum we’re seeing across Acadiana,” One Acadiana President & CEO Troy Wayman noted. “Their decision to expand in New Iberia strengthens our manufacturing base, supports high-quality jobs, and reflects the confidence employers have in our region’s future. We’re proud to support companies choosing to grow right here at home — and we congratulate and celebrate with our partners at the Iberia Industrial Development Foundation on another great win.”

“Iberia Parish is open for business, and Global Vessel & Tank’s announcement of its expansion and relocation represents another significant win for our community,” Iberia Industrial Development Foundation President and CEO Michael J. Tarantino added. “This investment will create valuable opportunities for our world-class workforce and further strengthen Iberia Parish’s position as a destination for industry growth. We sincerely thank Global Vessel & Tank for their continued confidence in our region and look forward to supporting their success well into the future.”

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